FG sets aside N250bn for autogas vehicle conversion in the country, says Sylva | The Guardian Nigeria News - Nigeria and World News

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As part of efforts to ensure that the autogas conversion of vehicles yielded the desired results, the Federal Government says it has set aside N250 billion for willing investors in autogas assembly plants

The Minister of State for Petroleum Resources, Mr Timipre Sylva, disclosed this on Tuesday, in Abuja, at an Autogas Technicians Training and Certification Programme.

Sylva explained that the decision to make the money available as a result of the huge amount spent by the government on fuel subsidy, adding that it was in line with President Muhammadu Buhari’s commitment to adopt gas as an alternative fuel for the country. “Apart from the fact that autogas is cheaper, we are also concerned about making the conversion of cars affordable so that Nigerians can indeed reap the advantage of this new policy,” the minister said.

Earlier, Mr Robinson Elijah, Chairman, Autogas Technology Education and Research Advisory Board urged Nigerians and other stakeholders to take advantage of the project.

Source: Car News Wire (carnewswire.net)

 

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